The Pak Banker - - FRONT PAGE -

China has made an­other high-pro­file ap­point­ment at a govern­ment body af­ter re­plac­ing the chief of the na­tion's se­cu­ri­ties reg­u­la­tor ear­lier this month. Ning Jizhe, who is also vice chair­man of China's top plan­ning body the Na­tional De­vel­op­ment and Re­form Com­mis­sion, will con­cur­rently hold the post of head and party chief at the Na­tional Bureau of Sta­tis­tics, ac­cord­ing to state­ment on the stats bureau web­site.

Ning was named deputy head of the NDRC in Au­gust last year. He said it is dif­fi­cult for China to re­verse a slow­down in ex­ports and in­dus­trial in­vest­ment, re­ported in Novem­ber. Liu Shiyu was ap­pointed head of the China Se­cu­ri­ties Reg­u­la­tory Com­mis­sion ear­lier this month, re­plac­ing Xiao Gang, who was crit­i­cized for mis­man­age­ment of the stock rout last year.

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